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RE: The value of staking period. Long term perspective.

in #hive4 years ago

Agreed. Changing the lock up period isn't going to make investors suddenly want to invest. Investors don't even need to stake their Hive in the first place... they just need to buy it.

If a bump in price is desired, then the most important thing is to get Hive on exchanges that accept fiat. Then market it outside of the Hive echo chamber. Pay to get articles in the financial press etc.


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Investors don't even need to stake their Hive in the first place... they just need to buy it.

And many people already do it. There are a lot of Hive on the exchanges.

Perhaps so. I do buy Hive on the exchanges to transfer between them if i need to.

But there aren't enough investors or at least not big enough ones to outweigh the selling. The selling is another problem that no one wants to fix.


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Selling is a solution for many people.
Probably I will also sell some Hive soon, because I need it.
Nowadays I live in financial discrimination in Hungary.
I receive a low (approximately $250 USD per month) pension-like income (because of my multiple disabilities), but the minimum wage is approximately $550 USD. Nowadays I also work in a 4 hours per day part time job, but my income still does not reach the minimum wage. Hive provides a little additional/alternative income for me, but my income is still below the minimum wage, even with the help of the Hive blockchain.

That's fair enough and I don't think anyone should begrudge selling Hive every now and then.

But i did come across 2 accounts that are getting more than $100 whale auto-votes every day and selling it all straightaway. There are probably a lot more of such accounts. This should be an easy supply side fix.


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I do believe a solution for this is to get phisical stores to accept hive and raise a consciousnes on this stores that they can have their own blog, changuin the way we trade for this social window. More than social masa media.

I think we now have a Hive List token that's like a classified of sorts that allows you to accept Hive payments on your store? That's a start but yeah, like you said, when we have physical stores accepting Hive payments, that would be massive.

I don't know if anyone is working on it but given the fast transaction times and the fact that they're feeless, it seems like a good choice.


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